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Mar 17, 2013

CHINA FOREX CHIEF SIGNALS INVESTMENT SHIFT China will forge ahead with efforts to diversify its $3.3 trillion foreign exchange stockpile into higher yielding assets, including emerging market bonds and currencies, amid expectations of continued poor returns from developed markets, its top forex official has said. Read more at http://www.latinfinance.com/Article/3171656/Current-Issue/China-forex-chief-signals-investment-shift.html

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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